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Risk Warning

‘Hidden Winners’ is the title for this newsletter service, but this does not mean, or imply, there is any guarantee of positive performance.

The value of all shares and the income from them can fall as well as rise, and you may not get back the amount originally invested.

Investment in the securities of smaller and/or medium-sized companies can involve greater risk than for larger, more established companies. Price movements may be more volatile, and they can react strongly to news or recommendations. You should always check the price before you deal. The market for smaller company shares may be less liquid, meaning they may be harder to trade.

You run an extra risk of losing money when you buy shares in certain smaller companies including “penny shares”.

There can be a big difference between the buying price and the selling price of these shares. If you have to sell them immediately, you may get back much less than you paid for them. The price may change quickly, and it may be difficult to sell or realise the investment.

You should not speculate using money you cannot afford to lose.

We have taken all reasonable care to ensure that all statements of fact and opinion contained in this publication are fair and accurate in all material aspects.

Investors should seek appropriate professional advice from their stockbroker or other adviser if any points are unclear.

This report gives general advice only, and the investments mentioned may not necessarily be suitable for any individual.

The report may recommend securities listed on overseas stock exchanges. Investors may incur extra charges when dealing in these securities and should check with their stockbroker before dealing.

Changes in exchange rates may have an adverse effect on the value of the value or price of these investments in sterling terms.

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